COMMERCIAL print service Haymarket Pty Ltd has been bought by West Perth printing company Supreme Printers for an undisclosed sum.
COMMERCIAL print service Haymarket Pty Ltd has been bought by West Perth printing company Supreme Printers for an undisclosed sum.
WA Business News understands that while new management has led Haymarket since the April 1 purchase, the specialised printing company will retain its well-known brand name.
Managing director Kym Radford said the two businesses would be kept separate, although he and fellow managing director, Morgan Pickworth, would control both companies.
Mr Radford said the deal has merged two of the Perth's printing powerhouses that were now better equipped to compete in WA's surging printing market.
"The two companies had a lot of the same machinery and in the scope of things we felt that there was a bit of overlapping," Mr Radford said.
"Haymarket had some different machinery and different presses that Supreme didn't have and Supreme had some that Haymarket wasn't equipped with." "What this has done now is given the companies better buying power.
We're in a much stronger position... now we're much more competitive together, particularly in a competitive marketplace." Supreme Printers, which employs 20 staff, was established in 1984 to produce high quality printed brochures, annual reports, posters and corporate stationery.
Its Railway Parade operations include two lithographic presses, a two-colour press and two letter presses.
Haymarket employs 23 staff and offers commercial print services for graphic designers, advertising agencies and specialists in high quality short-run digital printing with results that match traditional offset printing presses.
It has three lithographic presses, a two-colour press, an Indigo digital press and two eight-colour presses.
Since 1989 the company has been at the forefront of Perth's printing industry, offering specialist services including scanning and proofing.
This year, Haymarket is ranked 19th on the WA Business News Book of Lists, behind some of WA's major printing businesses including Picton Press, Colourpress, Vanguard Press and Advance Press.
Supreme Printers did not make the 2008 list.
With Haymarket and Supreme now combining press equipment, skills and buying power, the two companies can compete with the likes of Westcare Print, which at the top of the Book of Lists, boasts five lithographic presses, two letter presses, one mono press and four two-colour presses.
